Alerus Financial (ALRS) Projected to Announce Earnings on Wednesday

Alerus Financial (NASDAQ:ALRS) is projected to post its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of $0.78 per share and revenue of $76.9870 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 12:00 PM ET.

Alerus Financial (NASDAQ:ALRS) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.31. The company had revenue of $75.78 million during the quarter, compared to the consensus estimate of $73.78 million. Alerus Financial had a return on equity of 14.39% and a net margin of 6.74%. On average, analysts expect Alerus Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Alerus Financial Trading Up 0.9%

NASDAQ:ALRS opened at $32.40 on Wednesday. The stock has a 50-day simple moving average of $29.77 and a 200-day simple moving average of $26.44. The stock has a market cap of $814.18 million, a P/E ratio of 31.46 and a beta of 0.68. Alerus Financial has a 1 year low of $20.26 and a 1 year high of $32.64. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.90 and a current ratio of 0.90.

Alerus Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were given a dividend of $0.22 per share. This is a boost from Alerus Financial’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.88 annualized dividend and a dividend yield of 2.7%. Alerus Financial’s dividend payout ratio is 85.44%.

Institutional Investors Weigh In On Alerus Financial

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Alerus Financial by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,269,253 shares of the company’s stock valued at $28,101,000 after buying an additional 16,779 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Alerus Financial by 4.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 830,052 shares of the company’s stock worth $18,692,000 after buying an additional 33,359 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Alerus Financial by 4.0% in the 4th quarter. Geode Capital Management LLC now owns 603,392 shares of the company’s stock worth $13,591,000 after acquiring an additional 23,403 shares during the period. State Street Corp lifted its stake in shares of Alerus Financial by 0.9% in the 4th quarter. State Street Corp now owns 476,030 shares of the company’s stock worth $10,819,000 after acquiring an additional 4,284 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Alerus Financial by 37.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 298,060 shares of the company’s stock valued at $6,712,000 after acquiring an additional 80,599 shares in the last quarter. 51.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ALRS has been the subject of several recent analyst reports. DA Davidson boosted their target price on Alerus Financial from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Zacks Research upgraded shares of Alerus Financial from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Raymond James Financial assumed coverage on shares of Alerus Financial in a report on Thursday, July 9th. They set an “outperform” rating and a $34.00 price objective on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of Alerus Financial from $25.00 to $27.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. Finally, Piper Sandler upped their target price on shares of Alerus Financial from $28.50 to $32.00 and gave the company a “neutral” rating in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $30.50.

Alerus Financial Company Profile

Alerus Financial Corporation (NASDAQ: ALRS) is a diversified financial services company headquartered in Grand Forks, North Dakota. The firm provides a full range of commercial and consumer banking products, including deposit accounts, lending solutions and treasury management services for individuals, small businesses and larger corporate clients. Through its community banking network, Alerus emphasizes local decision-making and personalized service to meet the needs of its varied client base.

In addition to traditional banking offerings, Alerus operates a national mortgage origination and servicing platform that delivers home purchase and refinance loans.